Published: … Around here it is the opposite. By Aaron Larson | Law Offices of Aaron Larson. MONEY guru Martin Lewis has settled the argument about whether shops are allowed to refuse cash payments. Claim: All businesses in the U.S. are required to accept coins and\/or currency as payment. If your local corner shop decided to only accept payments in Pokémon cards … Legal tender is a concept based … The elderly and rural communities are some of the people that depend on cash … A shop owner can choose what payment they accept. Email us at money@the-sun.co.uk or call 0207 78 24516. Businesses can refuse to take cash in most circumstances, according to the Reserve Bank of Australia. Are shops allowed to refuse £50 notes even though they are legal tender - and will we get new polymer ones to beat fakes? Just as many retailers refuse to accept cheques or £50 notes, there is nothing to stop them from not taking cash at all. Supermarkets are adding new opening times in order to help staff restock. Apr 6, 2018 . There are any number of businesses that take only cash. Likewise for all other banknotes, it’s a matter of discretion. If you want to pay for a pack of gum with a £50 note, it’s perfectly legal to turn you down. Topics By Lee Boyce for Thisismoney.co.uk. Don't forget to join the Sun Money's Facebook group for the latest bargains and money-saving advice. 'Refusal to accept payment in legal tender banknotes and coins is not unlawful,' it states. 26 March 2020, 13:55. ... if you owe a sum of money, then the creditor may not refuse accepting legal tender in repayment of that debt. Tweet Widget; It is a widely held belief that U.S. law requires that businesses accept cash payments from their customers. Supermarket lockdown rules: Can I pay cash and what are the opening times? Roy Bland, St Ives, UK. Is it Legal to Refuse Cash Payment. Are shops allowed to to refuse my £50 notes? 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